Barclays analyst J. David Anderson lowered the firm’s price target on Halliburton (HAL) to $29 from $30 and keeps an Equal Weight rating on the shares. Following quarter-end calls with a number of energy services companies, the firm reduced estimates for Q1 and fiscal 2025, primarily due to more pronounced softness in international markets. The U.S. onshore market has also been a bit slower to start the year, the analyst tells investors in a research note.
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